According to Yonhap News citing the Korea Financial Supervisory Service's electronic disclosure system, SK Hynix has reported plans to list approximately 17.79 million ADR shares (about 2.5% of total shares) on Nasdaq on July 10, expecting to raise about $30 billion (approximately 45 trillion KRW). According to Bloomberg, Kioxia CFO Yoshihiko Kawamura stated at the annual general meeting that the ADR plan is scheduled for April to June 2027.
SK Hynix Nasdaq Listing of 17.79 Million ADR Shares, Expected to Raise Approximately $30 Billion
SK Hynix's ADR listing filing has been made public through the Korea Financial Supervisory Service's electronic disclosure system, with a listing date of July 10, 2026, issuing approximately 17.79 million shares (about 2.5% of total shares), and expected to raise about $30 billion (approximately 45 trillion KRW). The proceeds will be used for three capital expenditures: the first-phase plant construction of the Yongin Semiconductor Cluster, the Cheongju P&T7 advanced packaging facility, and the procurement of EUV scanner equipment.
The Maeil Business Newspaper cited analysts pointing out that the market generally expects SK Hynix to enter the Nasdaq 100 index after listing, and noted that this contrasts with TSMC's listing on the New York Stock Exchange, which excludes it from Nasdaq 100 inclusion.
Kioxia CFO States at Annual General Meeting ADR Scheduled for Spring 2027
According to Bloomberg, Kioxia CFO Yoshihiko Kawamura stated at the company's annual general meeting last week that the ADR issuance plan is scheduled for April to June 2027 (after the fiscal year ending in March), aiming to expand the investor base.
According to The Chosun Ilbo, Kioxia's stock price has surged 857% this year, with a market capitalization reaching a record 50 trillion JPY 18 months after listing, daily average trading exceeding 3 trillion JPY, and this month surpassing Toyota to become Japan's highest market cap listed company, also one of the best-performing stocks in the MSCI World Index.
Bloomberg also reported that Kioxia is considering a potential stock split to improve purchasing convenience for retail investors.
Overseas Investor Inquiries on 'Samsung Electronics ADR' Have Significantly Exceeded Expectations
According to Yonhap News, as SK Hynix advances its U.S. capital market plans, Samsung Electronics at its most recent overseas investor meeting saw interest and inquiries regarding its potential ADR listing significantly exceed expectations. Samsung Electronics has not yet announced any related ADR plans.
Frequently Asked Questions
What is SK Hynix's ADR listing timeline and scale?
SK Hynix has reported plans to list approximately 17.79 million ADR shares (about 2.5% of total shares) on Nasdaq on July 10, 2026, expecting to raise about $30 billion (approximately 45 trillion KRW).
What capital expenditures will SK Hynix's ADR proceeds be used for?
The proceeds will be used for three capital expenditures: the first-phase plant construction of the Yongin Semiconductor Cluster, the Cheongju P&T7 advanced packaging facility, and the procurement of EUV scanner equipment.
What is the timeline for Kioxia's ADR plan?
According to Bloomberg, Kioxia CFO Yoshihiko Kawamura stated at the annual general meeting that the ADR issuance plan is scheduled for April to June 2027 (after the fiscal year ending in March), aiming to expand the investor base. Kioxia's stock price has surged 857% this year, and its market cap has surpassed Toyota to become Japan's highest market cap listed company.
